Thursday, February 18, 2010
Tuesday, January 06, 2009
More stimulus
By Creature
Just as Obama's stroking egos right now, Republicans are posturing. They need to seem relevant and they have yet to figure out how irrelevant they actually are. That being said, with their posturing taking the form of slowing the stimulus package down (and their sudden discovery of fiscal responsibility) it's hard not to think that they still don't get it. Action is needed to save the economy and that action is now urgent because they sat on their hands for years by refusing to spend or obstructing it. America is in trouble and the GOP better get out of the way or we are all sunk.
(Cross-posted at State of the Day.)
Just as Obama's stroking egos right now, Republicans are posturing. They need to seem relevant and they have yet to figure out how irrelevant they actually are. That being said, with their posturing taking the form of slowing the stimulus package down (and their sudden discovery of fiscal responsibility) it's hard not to think that they still don't get it. Action is needed to save the economy and that action is now urgent because they sat on their hands for years by refusing to spend or obstructing it. America is in trouble and the GOP better get out of the way or we are all sunk.
(Cross-posted at State of the Day.)
Labels: Barack Obama, economic crisis, Republicans, stimulus
Stimulus
By Creature
As with most things Obama, we have to wait to see what kind of compromises with Republicans he will make. The tax cuts announced were expected (and Democrat friendly). If anything, $300 billion in tax cuts as 40% of the total package may mean that the spending part of Obama's stimulus will be even bigger than expected (maybe even hitting the trillion mark). Obama's playing politics and stroking egos right now. I don't think he's a Charlie Brown in waiting. His election campaign showed us as much.
(Cross-posted at State of the Day.)
As with most things Obama, we have to wait to see what kind of compromises with Republicans he will make. The tax cuts announced were expected (and Democrat friendly). If anything, $300 billion in tax cuts as 40% of the total package may mean that the spending part of Obama's stimulus will be even bigger than expected (maybe even hitting the trillion mark). Obama's playing politics and stroking egos right now. I don't think he's a Charlie Brown in waiting. His election campaign showed us as much.
(Cross-posted at State of the Day.)
Labels: Barack Obama, economic crisis, Republicans, stimulus



